Home
Finance
Travel
Shopping
Academic
Library
Home
Discover
Spaces
 
 
  • Demographic Crossroads Accelerates
  • Peak 65 Phenomenon
  • Long-Term Trajectory
US seniors grow 3.1% as birth rates hit historic lows

The United States population continued its historic aging trend in 2024, with Americans 65 and older growing by 3.1% to 61.2 million while the population under 18 declined by 0.2% to 73.1 million, according to Census Bureau data released today.

The demographic shift reflects declining birth rates and the continued aging of baby boomers, creating implications for Social Security, healthcare systems, and the economy as the workforce shrinks relative to retirees.

User avatar
Curated by
thgths
3 min read
Published
3,233
117
news4jax.com favicon
News4Jax | Jacksonville, Florida News, Weather, Sports | WJXT Channel 4
65+ population steadily increasing across the country, while number of children is declining: US Census
census.gov favicon
Census.gov
Older Adults Outnumber Children in 11 States and Nearly Half of U.S. Counties
bankerslife.com favicon
Bankers Life Blog
The Year 2025: Record Numbers Are Turning 65…What It Means for ...
Senior Citizen On A Walk Along The Beach
NurPhoto
·
gettyimages.com
Demographic Crossroads Accelerates

Eleven states now have more older adults than children, nearly quadrupling from just three states in 202012. Delaware, Hawaii, Montana, New Hampshire, Oregon, Pennsylvania, Rhode Island, and West Virginia joined Maine, Vermont, and Florida in this demographic milestone.

The gap between age groups has narrowed dramatically. From 2020 to 2024, the older population grew by 13.0% while children declined by 1.7%, reducing the difference between these groups from over 20 million to below 12 million2.

"Children still outnumber older adults in the United States, despite a decline in births this decade," said Lauren Bowers, chief of the Census Bureau's Population Estimates Branch. "However, the gap is narrowing as baby boomers continue to age into their retirement years1."

news4jax.com favicon
census.gov favicon
2 sources
Peak 65 Phenomenon

The year 2025 marks "Peak 65," with approximately 11,400 Americans turning 65 every day1. By year's end, about 73 million baby boomers will be 65 or older, comprising more than a fifth of the U.S. population1.

Census projections show the percentage of working-age Americans between 18 and 64 will drop from 60% in 2025 to 55% by 21002. The worker-to-beneficiary ratio for Social Security will fall from 3.3 in 2005 to a projected 2.1 in 20403.

bankerslife.com favicon
spglobal.com favicon
ssa.gov favicon
3 sources
Long-Term Trajectory

Birth rates have plummeted from 16.7 per 1,000 people in 1990 to 10.9 per 1,000 in 20201. The U.S. birth rate now stands at 1.62 children per woman, well below the 2.1 needed to maintain population without immigration2.

By 2050, Americans 65 and older are projected to reach 82 million, accounting for 23% of the total population3. Annual rates of natural increase will turn negative starting in 2038, making population growth entirely dependent on immigration2.

consumeraffairs.com favicon
bushcenter.org favicon
prb.org favicon
3 sources
Related
Which industries face the steepest labor shortages by 2030
How are competitors restructuring benefits for aging workforce
What automation investments offset shrinking worker ratios
Discover more
Texas seniors drive rental boom with 66% surge in decade
Texas seniors drive rental boom with 66% surge in decade
Texas cities have experienced a dramatic shift in their rental markets over the past decade, with seniors emerging as the fastest-growing demographic of renters. Dallas-Fort Worth alone now houses more than 78,000 renters aged 65 and older, representing a 66.5 percent increase since 2013. The trend extends statewide, with new research from Point2Homes showing that Austin-Round Rock leads Texas...
192
Record heat dome hits 128 million Americans
Record heat dome hits 128 million Americans
A record-breaking heat dome engulfed the eastern United States this week, with 128 million Americans under heat advisories as temperatures soared to levels not seen in over a decade. The heat wave, which peaked Tuesday with Central Park hitting 99 degrees and Boston reaching 101 degrees, comes as new scientific evidence shows global warming has accelerated beyond previous projections. The...
5,022
College grads face worst job market in over a decade
College grads face worst job market in over a decade
Recent college graduates are confronting their worst job prospects in more than a decade, with unemployment among new degree holders reaching levels not seen since the aftermath of the Great Recession, according to federal data and multiple industry reports. The unemployment rate for college graduates with bachelor's degrees jumped to 6.1% in May, up from 4.4% the previous month, Federal...
10,165
GOP budget bill would transfer wealth from young to old
GOP budget bill would transfer wealth from young to old
Senate Republicans face mounting pressure to pass a sweeping budget bill by July 4 that new analysis shows would transfer wealth from younger Americans to older, affluent households over their lifetimes. Senate Majority Leader John Thune told POLITICO Tuesday night the chamber is "on a path" to start voting on the legislation Friday, despite internal GOP concerns about deep Medicaid cuts that...
5,635